Let's take a look at the fraction 46/74. When you turn it into a percentage, you get 62.16%.
The fraction 46/74 can be simplified to 23/37, but the decimal and percent values stay the same. This means the same part of a whole is being described, just with a different denominator.
In everyday situations, you might see 62.16% used to show how much of a budget is spent, how much of a class passed a test, or what portion of a recipe is a particular ingredient.
Remember, whenever you need to compare 46 out of 74 items to a whole, you can safely use 62.16% as the quick reference.